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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (5032)	6/6/2000 3:20:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 7434

That is correct the 5/16 high fork is still very active and up front and working. Pat....You don't need interday forks. Not with your style and accumulated knowledge. They would just confuse an already superb talent. Now the daily forks would benefit your style. Only one daily fork is active for any one period. It is the upfront closest fork that you can draw like the 5/16. Just find the closest fork keep it in mind as a market "Frame" and watch all the tines. If the market reaches any of the tines watch the action it could be a pivot of a trend. Remember they are like magnets. Now sometimes up to 3 daily fork "median lines" can be active when they cluster during a day or week period. But mostly daily forks upfront are the dominant players. That's the only trick.... Forget the interday forks and all those stupid lines.